Yext: how to pass SOC2 in preparation to IPO

250+

$3M

47

"The effort to achieve SOC2 without strongDM would have been monumental from a cost & labor perspective."

- Michael DaSilva, Infrastructure Security Manager

WHY STRONGDM

Yext powers location data for some of the most recognizable brands. After a dozen years of hard work, the company went public in 2017 with revenue over one hundred and twenty million dollars.

Achieving SOC2 compliance represented a key step in the IPO process. Facing tight deadlines and a hundreds of mission critical databases, Yext’s infrastructure security team could not afford any delays.

AUDIT READINESS

With 250+ databases that include multiple database types and versions, Yext faced a difficult and potentially costly challenge to implement the comprehensive auditing necessary to pass SOC2. Yext estimated it could cost over three million dollars without taking into account labor hours to pull off such a large project.

FASTER ON/OFFBOARDING

strongDM offered more than an audit trail. strongDM’s access management streamlined the work to onboard and offboard technical staff, reducing the time to provision access from 48 hours to 30 minutes. This helped transform how the infrastructure team was perceived by peers at Yext. By eliminating frustrating delays, Yext’s Infrastructure team was transformed into a business enabler that could empower teams to work more efficiently and securely.